Swiss Life Asset Management Ltd Has $1.30 Million Stock Holdings in Bloom Energy Corporation $BE

Swiss Life Asset Management Ltd increased its holdings in Bloom Energy Corporation (NYSE:BEFree Report) by 49.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,921 shares of the company’s stock after buying an additional 4,922 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Bloom Energy were worth $1,296,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Creekmur Asset Management LLC bought a new position in Bloom Energy in the 3rd quarter valued at $1,825,000. Meridian Wealth Management LLC bought a new position in Bloom Energy in the 3rd quarter valued at $553,000. Straight Path Wealth Management bought a new position in Bloom Energy in the 3rd quarter valued at $1,099,000. Strs Ohio raised its position in Bloom Energy by 24.8% in the 4th quarter. Strs Ohio now owns 41,200 shares of the company’s stock valued at $3,580,000 after purchasing an additional 8,200 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky bought a new position in Bloom Energy in the 3rd quarter valued at $1,985,000. Institutional investors and hedge funds own 77.04% of the company’s stock.

Trending Headlines about Bloom Energy

Here are the key news stories impacting Bloom Energy this week:

  • Positive Sentiment: Bloom Energy is being viewed as a key beneficiary of surging AI data-center power demand, with articles highlighting strong momentum in the stock after a better-than-expected earnings report and growing demand for its on-site power systems. Article Title
  • Positive Sentiment: Brokerage coverage remains supportive, with Bloom Energy carrying an average “Moderate Buy” rating, which can help reinforce bullish sentiment around the stock. Article Title
  • Positive Sentiment: Coverage of Bloom Energy among the best-performing large-cap stocks year to date suggests investors continue to reward the company for its AI-power growth story. Article Title
  • Neutral Sentiment: Recent commentary says Bloom Energy’s rally has been strong enough to push shares to fresh highs, but also notes the valuation is now elevated, which may limit upside if expectations cool. Article Title
  • Negative Sentiment: Chief Accounting Officer Maciej Kurzymski sold 6,229 shares in a disclosed insider transaction, which may weigh on sentiment even though the sale was a small portion of his holdings. Article Title
  • Negative Sentiment: One headline specifically noted Bloom Energy shares sliding Friday, suggesting some traders are taking profits after the recent surge and all-time high move. Article Title

Analysts Set New Price Targets

BE has been the subject of several research reports. TD Cowen raised their price objective on shares of Bloom Energy to $235.00 and gave the company a “hold” rating in a research report on Wednesday, April 29th. JPMorgan Chase & Co. raised their price objective on shares of Bloom Energy to $267.00 and gave the company an “overweight” rating in a research report on Wednesday, April 29th. Weiss Ratings restated a “hold (c)” rating on shares of Bloom Energy in a research report on Friday, April 24th. Morgan Stanley restated an “overweight” rating and issued a $310.00 price objective on shares of Bloom Energy in a research report on Wednesday, April 29th. Finally, Evercore reiterated an “outperform” rating and issued a $179.00 price objective on shares of Bloom Energy in a research report on Friday, February 6th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Bloom Energy presently has an average rating of “Moderate Buy” and an average price target of $217.48.

Get Our Latest Analysis on Bloom Energy

Insider Activity at Bloom Energy

In other news, insider Aman Joshi sold 19,944 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $154.85, for a total transaction of $3,088,328.40. Following the completion of the transaction, the insider directly owned 190,521 shares in the company, valued at approximately $29,502,176.85. The trade was a 9.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Satish Chitoori sold 20,000 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $204.23, for a total value of $4,084,600.00. Following the transaction, the insider owned 212,365 shares of the company’s stock, valued at $43,371,303.95. The trade was a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 521,321 shares of company stock worth $96,830,814. 3.00% of the stock is owned by company insiders.

Bloom Energy Stock Performance

Bloom Energy stock opened at $277.48 on Friday. The company has a current ratio of 5.03, a quick ratio of 4.10 and a debt-to-equity ratio of 2.90. Bloom Energy Corporation has a 1 year low of $17.01 and a 1 year high of $310.00. The company has a market cap of $78.93 billion, a PE ratio of -5,548.57 and a beta of 3.82. The company’s 50-day moving average is $193.91 and its two-hundred day moving average is $149.14.

Bloom Energy (NYSE:BEGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.32. The company had revenue of $751.05 million for the quarter, compared to the consensus estimate of $539.94 million. Bloom Energy had a net margin of 0.25% and a return on equity of 21.05%. The company’s revenue was up 130.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.03 EPS. Bloom Energy has set its FY 2026 guidance at 1.850-2.250 EPS. Equities analysts anticipate that Bloom Energy Corporation will post 1.31 earnings per share for the current year.

Bloom Energy Company Profile

(Free Report)

Bloom Energy is a clean energy technology company that designs, manufactures and deploys solid oxide fuel cell systems for on-site power generation. Its flagship product, the Bloom Energy Server, converts natural gas, biogas or hydrogen into electricity through an electrochemical reaction, offering customers a reliable, low-carbon alternative to grid power. The company also provides a suite of services that includes system installation, remote monitoring and preventative maintenance to ensure long-term performance and uptime.

Founded in 2001 by Dr.

See Also

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Institutional Ownership by Quarter for Bloom Energy (NYSE:BE)

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